Cheap Apartments for Rent in Newport, KY from $300 (212 Rentals)

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Search the lowest-cost Apartments available for rent right now in Newport.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Oaks of Newport
1 to 2 Bedroom Apartments

Oaks of Newport

1161-1163 Waterworks RdNewport, KY 41071

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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116 E 35th St, Unit 2
$975
Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975
2 Bedroom Apartment Available Now

116 E 35th St, Unit 2

116 E 35th StCovington, KY 41015
Cost Per Sq.Ft.
  • Smoke Free
property at 614 E 16th St

$995 - $1,045

1 Bedroom Rentals

Available Now

614 E 16th St

CovingtonKY41014

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Newport, KY Local Guide

Cheapest Neighborhoods for Apartments in Newport, KY

Pricing Updated: 06/14/2026

Current apartment rentals in the Newport, KY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Newport Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Campbell County$8,792$615467

Cheapest Available Newport Apartments for Rent

 

The cheapest available apartment rental in Newport, KY is a 1 Bed unit found at The Arts Apartments at Music Hall in the Queensgate neighborhood priced from $630. 2108 Auburn Ave in the Mount Auburn neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Newport apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Arts Apartments at Music Hall1 Bedroom1BR,1BA$630
2108 Auburn Ave0 Beds, 1 BathsStudio,1BA$650
Clifton View1 Bedroom 1 Bathroom1BR,1BA$725
The ManorThe Manor1BR,1BA$800
Bellevue House ApartmentsStudioStudio,1BA$825
Barkley Ridge Apartments1 Bedroom 1 Bath1BR,1BA$895
Kemper Manor1BR/1.0BA1BR,1BA$895
St James Apartments1BR/1.0BA1BR,1BA$895

Best Value Apartments for Rent in Newport, KY

As of June 14, 2026 the best value apartment in the Newport area is the $0.90 price per square foot 2626 Eden Ave Model at ES Properties in the in the Avondale neighborhood starting from $1,999. The second greatest value Newport apartment is the 1 Beds, 2 Baths Model at 2832 Stanton Ave starting at $1,350 with a $1.13 price per square foot in the Avondale neighborhood. Here is today’s list of the best values for Newport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ES Properties2626 Eden Ave5BR,2BA$0.90
2832 Stanton Ave1 Beds, 2 Baths1BR,2BA$1.13
213 Mulberry St213 Mulberry St2BR,1BA$0.95
The Arthur - NEW1BR1BR,1BA$1.09
107 Valencia St, Unit 107 Valencia Apt 1107 Valencia StStudio ,1BA$0.68
2216-2218 Ohio Ave1 Bedroom 1 Bathroom1BR,1BA$1.08
116 E 35th St, Unit 2116 E 35th St2BR,1BA$1.03
St James Apartments1BR/1.0BA1BR,1BA$1.12
The ManorThe Manor1BR,1BA$1.07
The Arts Apartments at Music Hall1 Bedroom1BR,1BA$1.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Cincinnati

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Cincinnati metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Newport, KY

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Newport, KY Rentals by Map

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Frequently Asked Questions about Cheap Newport Apartments

What is a cheap apartment in Newport?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Newport is under $895.

What is the price of a cheap apartment in Newport?

The cheapest apartment in Newport is The Arts Apartments at Music Hall which is listed at $630, while the average apartment in Newport costs $8,792.

What types of apartments are the cheapest in Newport?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Newport that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Newport?

Cheap apartments in Newport have an average cost of $664 which is $8,128 cheaper than the average rent for all rentals in Newport.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Cincinnati, OH

Written by: Joey Hoelscher

Cincinnati is a unique Midwest city thanks to its riverfront downtown core, unique terrain, and a surprising amount of 1800s urban architecture not commonly seen west of the East Coast.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Cincinnati

Written by: Joey Hoelscher

Cincinnati isn’t exactly known as a college town — still, with the city’s great variety and strong economy, it’s a great place to go to college (and maybe to stay for years to come)!

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Hailing the Queen City: A Local Take on Cincinnati, OH

Written by: Catrina Cowart

Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Cincinnati, Ohio, a southern city near the border next to Coventry, Kentucky.

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Where to Live in Cincinnati: Proximity-Based Neighborhood Rental Guide Near Major Employers

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Hello! I'm Catrina, and I'm your ApartmentHomeLiving.com Local Expert for Cincinnati, Ohio. Part of what we do at ApartmentHomeLiving.com is helping people like you find the right neighborhood to call home.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.